Why Pinnacle Foods (PF) Stock Is Declining Today

NEW YORK (TheStreet) -- Pinnacle Foods (PF) shares are down -0.4% to $30.81 on Wednesday after reporting second quarter revenue of $617.8 million that was below analysts guidance of $628.05 million.

The company reported earnings of 33 cents per diluted share that fell in line with analysts expectations, while reaffirming its full year EPS guidance of $1.70 to $1.75 cents per share.

Analysts are expecting a full year EPS of $1.74.

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TheStreet Ratings team rates PINNACLE FOODS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate PINNACLE FOODS INC (PF) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, generally higher debt management risk and poor profit margins."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

PF Chart PF data by YCharts

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